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SmartSwap.

Exchange
Whitepaper

Swap Crypto without loss of value

V. 0.9
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CONTENTS
Introduction _________________________________________________________________________________ 3
Zero Volatility Swap Platform ____________________________________________________________________ 3
One-Click Cross-Chain _______________________________________________________________________ 3
P2C Swap_________________________________________________________________________________ 4
FLASH SWAP ____________________________________________________________________________ 4
P2G Swap ________________________________________________________________________________ 4
P2P Swap_________________________________________________________________________________ 5
Swap Limit Options _________________________________________________________________________ 5
Fees _____________________________________________________________________________________ 6
Fee Breakdown __________________________________________________________________________ 6
Gas Costs _________________________________________________________________________________ 6
Gas Limit _______________________________________________________________________________ 6
Licensing strategy __________________________________________________________________________ 6
SMART Tokenomics ___________________________________________________________________________ 7
Supply ___________________________________________________________________________________ 7
Minting___________________________________________________________________________________ 8
Flexible 10% APY Staking ____________________________________________________________________ 8
IDOs ____________________________________________________________________________________ 8
Fixed Sale - slippage free purchase ___________________________________________________________ 8
Dutch Auction - slippage free purchase ________________________________________________________ 9
Fundraising Allocation _____________________________________________________________________ 10
New Communities ________________________________________________________________________ 10
SmartSwap.Exchange (SmartSwap) is a smart decentralized exchange (SDEX) providing a one-click
cross-chain swap, that acts as a simple layer combining Decentralized Finance (DeFi), Centralized Finance
(CeFi), and Over-the-counter (OTC) trading. The strategy is akin to PayPal, creating a simple layer on top of
banks.

SmartSwap is a subsidiary organization of the Atom Foundation, creators of the patent-pending


Decentralized Finance (DeFi) Syndication Economy and a zero volatility solution. Founded in 2020, the Atom
Foundation (Atom) created Jointer.io, the world’s first Commercial Real Estate protocol, acquired bSWAP,
the first Binance Smart Chain AMM, and many more DeFi projects.

SmartSwap was created out of Atom Foundation’s need to provide users a platform that could support stable
and decentralized zero slippage, value locked trading. Early in the development of Atom’s DeFi economy,
and in partnership with Nobel Prize winners and world-class experts, Atom realized how important this tech
is to the industry. What started as a solution for Jointer soon morphed into an independent entity within the
Atom Foundation DeFi Economy. A truly stable swap that allows for zero volatility and zero slippage has a
wide array of uses and benefits to the entire cryptocurrency community.

Zero Volatility Swap Platform


Smart’s Ethos, when building the SmartSwap platform, was to create a self-sustaining, zero volatility, zero
spread, and zero fee decentralized trading ecosystem without custodial wallets or accounts.

SmartSwap allows users to swap tokens through Peer-to-Contract (P2C), Peer-to-Group (P2G), and
Peer-to-Peer (P2P) trading technology built in a blockchain agnostic fashion. The trustless SmartSwap
provides a way to swap assets and currencies without sign-ups or centralized entities, all while guaranteeing
an exact face value match. SmartSwap's asset-to-asset swaps are precise, low risk, and 100% fee-free
because of reimbursement.¹

One-Click Cross-Chain

SmartSwap utilizes technology that allows swaps between two assets without wrapping or side-chain
utilization. The cross-chain swap is a true one-click swap between Ethereum and BSC. The cross-chain swap
has the ability to act like a bridge between blockchain networks, even those with no smart contracts such as
Bitcoin (BTC).

¹ All fees and gas are reimbursed with the SMART token

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The BNB <> ETH SmartSwap capabilities present the first one-click swap that is not considered an atomic
swap or that relies on time-locked swaps. Furthermore, the swap provides a value lock which means trades
are in USDT value to account for market volatility. $100 will always swap for $100 with 0% volatility or
slippage.

The SmartSwap requires no hot wallets, is completely free, and produces trades based on reliable average
market prices. These technology capabilities will continue as more blockchains are added.

P2C Swap

SmartSwap Peer-to-Contract is the default swap on SmartSwap. Users swap with the contract which
executes the swap immediately if it has enough liquidity. If the contract does not have enough liquidity, the
swap will turn into a P2G swap, which means the swap will be partially executed and the rest will be pending
until the contract has more funds.

SmartSwap’s contract receives liquidity from counterparties or a CeFi gateway that acts as a decentralized
Flash Swap.

FLASH SWAP
Unlike AMMs, like Uniswap and PancakeSwap, SmartSwap does not require large amounts of parked
liquidity. Every time the pool changes in ratio, the contract triggers a flash swap (sending and receiving
orders in the same transaction) with centralized exchanges to rebalance the pools. Providing the pools with
the large amount of centralized exchange liquidity available.

P2G Swap

SmartSwap P2G allows users to swap digital currencies without knowing the identity of the counterparty. If
SmartSwap cannot find one counterparty to fulfill a transaction it will search for as many counterparties as
needed to cover the full face value to the transaction. A partial swap is completed first while the rest of the
funds remain pending until additional swaps are executed. The face value of the swap is determined during
the actual swap and therefore the users do not need to update the swap order. Users with pending swaps are
allowed to cancel the outstanding portion of the swap and receive a refund covering the outstanding amount
to the wallet of origin.

Users are able to select a limit on the number of counterparties for a trade since each trade requires gas.

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Example

Bob wants to swap $1,000 SMART with $1,000 BNB


Bob sends his order to SmartSwap and SmartSwap immediately identifies one counterparty that wants
to swap $500 BNB against SMART
In this case, Bob will get the first $500 BNB and the rest of the $500 SMART will stay pending until the
SmartSwap identifies more counterparties that want to swap BNB with SMART
If the price of SMART increases by 10% and the price of BNB stays the same, Bob’s pending SMART
transaction will calculate at $550 BNB and not $500

P2P Swap

SmartSwap P2P allows users to generate a transaction ID that can be sent directly to a specific person they
want to swap with. Once the transaction ID is created and the users send their digital assets to that
transaction ID, the swap will be available only to the party that knows the transaction ID address. Once the
swap takes place, the SmartSwap will swap for the same face value, if there is any delta it will be returned to
the appropriate party. One of the best use cases for P2P is for users wanting to swap their assets with a
specific person, or those wanting to swap assets that comply with regulation such as security tokens.

The P2P swap ensures same face value swapping between two parties.

Example

Bob wants to swap $1,000 SMART with $1,000 BNB


Bob sends his order to SmartSwap and generates a transaction ID
Bob shares that transaction ID with Lisa
Lisa sends $500 BNB to SmartSwap
Since Lisa only sent $500 BNB against Bob’s $1,000 SMART, the SmartSwap will execute the order of
$500 SMART against $500 BNB
SmartSwap will detect the value discrepancy between the SMART and BNB, returning the $500 SMART
delta to Bob’s wallet

Swap Limit Options

Users have the ability to control how their swap executes through the platform. They can choose to swap the
same market value at the time of swapping or the same sent value. Providing users with more control over
their swaps.the users send their digital assets to that

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Fees

Fees are incurred for successful swaps on SmartSwap and are 100% reimbursed with the SMART token. The
total fee is 0.30%.

Fee Breakdown

80% 20%
is utilized to buyback SMART while adding goes to the Atom Foundation to maintain
liquidity to the market by rewarding users for development and market the swap
swapping

Gas Costs

A huge barrier to DeFi trading is high gas costs. High gas costs on certain blockchains will drive users to use
the cross-chain swap in order to move from a high fee blockchain to a low fee blockchain.

In order to encourage these types of swaps, SMART is distributed to reimburse 100% of the fees and gas
costs incurred when utilizing SmartSwap.

Gas Limit
Users will have the option to set gas limits and pairing limits. The pairing limits the number of counterparties
in a P2G swap since each successful swap requires gas, multiplying the final gas cost. By selecting less
counterparties, they can further reduce these costs.

Licensing strategy

SmartSwap is patented due to the risk of SDEX owners utilizing the technology to hurt traders. Therefore,
Atom Foundation will allow free licenses to anyone with their own branding, protecting the technology and
the SmartSwap network. Further, projects can add swap fees and reimburse users with their native token.
The main idea behind the licensing strategy is long-tail to grow traffic and liquidity creating mutually
beneficial interoperability between everyone.

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SMART Tokenomics
SMART’s mission is to become a sustainable DAO that provides much needed zero-volatility cross-chains in
a blockchain agnostic fashion to the cryptocurrency community.

Supply

In order to facilitate sustainable DAO design, SMART’s supply functions encourage users to utilize the
platform through rewards while only minting if an equal value asset is presented to the community.

The SMART supply does not include a presale or VC money, does not allocate a team supply, and focuses
solely on rebuilding and adding value to the ecosystem through liquidity and a CEX listing of both SmartSwap
and the SMART token.

Total pre-mint

1 ,5 0 0 ,0 0 0 ,0 0 0

Pre-mint allocation

500,000 SMART to first pool

371,297,500 for SMART 200,000,000 SMART for IDO


for APY Rewards Pools 103,382,500 SMART
for IDO Fixed Rewards

824,820,000 SMART for IDO Auction Rewards

500,000 SMART to first pool 824,820,000 SMART for IDO Auction Rewards
200,000,000 SMART for IDO 371,297,500 for SMART for APY Rewards Pools
103,382,500 SMART for IDO Fixed Rewards

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Minting

SMART includes same face value minting based on equal value being added to the ecosystem in the form of
swap fees.

The minting is meant to encourage platform use through the “Buyback and Reward” DAO functionality.

Flexible 10% APY Staking

In order to incentivize users to hold SMART, Atom Foundation implemented the flexible DeFi staking
contract directly into the token. This allows SMART to provide flexible staking rewards without having users
lock the token on an external smart contract. Staking rewards are paid every Binance Smart Chain block,
ranging in time from approximately 3-5 seconds, simply by holding tokens in their wallet users will receive
more SMART The initial APY is 10% but can be changed by a votable percentage.

NB. Any token sent to the flexible 10% APY staking contract (which is
0x0000000000000000000000000000000000000001 address) is not controlled by a private key.
Therefore, it is considered a burned token and cannot be recovered for trading without the staking smart
contract (not even through voting).

IDOs

In order to provide the SMART community with liquidity and trading options, SMART will launch IDOs on
bscswap.com for the v2 token. The funds raised from the IDO will support liquidity and growth, no funds will
go to the developing team or founders.

Fixed Sale - slippage free purchase


Similar to a traditional offering, SMART will set a fixed price for the IDO on bSWAP. This process allows
SMART to instantly engage with the money per the fundraising allocation outlined below. User’s benefit from
buying SMART without the massive slippage that typically accompanies new token launches.

Price: Rewards:
Starts at $0.01 and follows the current price of 413.53% APY Bonus
SMART on bscswap.com

Lock period: Time period:


90 days locked staking 90 days

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Dutch Auction - slippage free purchase
SMART will host a Dutch auction on bSWAP allowing the market to dictate the final offering price. Users are
protected from price manipulation, since the funds and SMART are distributed at the end of the auction after
verifying that the total investment is no more than the total supply’s face value. This verification ensures
users do not pay more than the token market price.

The Dutch auction provides users increased APY as well as a potential discount since projects must give
away the total supply for sale once the soft cap has been reached and the time period ends.

Example
SMART has 100,000,000 tokens to give away with a soft cap of $500,000
Once the 30-day time period is over, and assuming the soft cap of $500,000 is reached, the smart
contract will give away the tokens, even without hitting the hard cap
If a total of $500,000 is invested, the smart contract will distribute the 100,000,000 tokens on a
pro-rata basis. The distribution occurs even if the value of SMART at that time is 5x or 10x more than on
day one. Which means investors can get the full supply, worth $10M, for a little as $500,000, not
including the added value from the APY rewards

Rewards: Lock period:


824.82% APY Bonus 365 days locked staking

Goal: Soft Cap:


$1,000,000 $500,000

Hard-cap: SMART in Auction:


Supply multiplied by current face value 100,000,000 SMART

Auction Time: Price:


30 days Total amount fundraised / total tokens in the
Auction

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Fundraising allocation

80% liquidity

5% marketing
15% exchange swap
and token listings

80% liquidity 0% founders


15% exchange swap and token listings 0% team
5% marketing 0% VC or pre-sell investors

New Communities
Stay in touch with the SmartSwap devs and the whole SmartSwap community.

Telegram Discord Twitter Reddit

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